Bolivia - Tractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTractor Price in Bolivia - 2023
Contents:
- Tractor Price in Bolivia (CIF) - 2023
- Tractor Price in Bolivia (FOB) - 2022
- Tractor Imports in Bolivia
- Tractor Exports in Bolivia
Tractor Price in Bolivia (CIF) - 2023
The average tractor import price stood at $44,417 per unit in August 2023, waning by -19.7% against the previous month. Over the period under review, import price indicated a mild increase from September 2022 to August 2023: its price increased at an average monthly rate of +1.4% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, tractor import price decreased by -20.8% against June 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 83% against the previous month. Over the period under review, average import prices reached the peak figure at $56,055 per unit in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($82,346 per unit), while the price for Thailand ($7,539 per unit) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tractor Price in Bolivia (FOB) - 2022
The average tractor export price stood at $60,552 per unit in 2022, rising by 99.9% against the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 299,739% against the previous year. The export price peaked at $79,526 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($71,179 per unit), while the average price for exports to Peru ($9,500 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+1,657.2%), while the prices for the other major destinations experienced more modest paces of growth.
Tractor Imports in Bolivia
Tractor imports into Bolivia soared to 12K units in 2022, picking up by 72% compared with 2021 figures. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 87% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, tractor imports soared to $134M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tractor in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 24.0 | 16.2 | 22.8 | 46.3 | 24.5% |
| Sweden | 26.2 | 22.6 | 25.3 | 21.4 | -6.5% |
| Mexico | 19.1 | 1.7 | 4.0 | 6.6 | -29.8% |
| India | 1.2 | 1.0 | 1.4 | 6.1 | 71.9% |
| France | 7.0 | 4.6 | 4.7 | 5.7 | -6.6% |
| China | 1.1 | 0.5 | 1.4 | 4.1 | 55.0% |
| United States | 3.6 | 1.9 | 2.0 | 3.8 | 1.8% |
| Netherlands | 0.5 | 0.6 | 1.1 | 3.6 | 93.1% |
| Japan | 1.9 | 1.6 | 1.8 | 3.4 | 21.4% |
| Germany | 0.7 | 0.3 | 1.2 | 2.9 | 60.6% |
| Pakistan | N/A | N/A | 0.4 | 1.2 | 200.0% |
| Others | 33.8 | 28.3 | 30.6 | 28.7 | -5.3% |
| Total | 119 | 79.3 | 96.6 | 134 | 4.0% |
Top Suppliers of Tractor to Bolivia in 2022:
- Brazil (4950.0 units)
- Japan (1755.0 units)
- China (844.0 units)
- Sweden (572.0 units)
- Pakistan (522.0 units)
- United States (464.0 units)
- Germany (371.0 units)
- France (368.0 units)
- Netherlands (350.0 units)
- India (255.0 units)
- Mexico (147.0 units)
Tractor Exports in Bolivia
In 2022, approx. 9 units of tractors were exported from Bolivia; with a decrease of -18.2% against the previous year's figure. In general, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The exports peaked at 46 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, tractor exports skyrocketed to $545K in 2022. Over the period under review, exports continue to indicate a significant decline. Over the period under review, the exports attained the peak figure at $2.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tractor in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 282 | 684 | 20.6 | 498 | 20.9% |
| Ecuador | N/A | N/A | N/A | 37.2 | 0% |
| Peru | 92.4 | N/A | N/A | 9.5 | -53.2% |
| Argentina | 1,724 | N/A | N/A | N/A | 0% |
| Paraguay | N/A | 20.0 | 20.0 | N/A | 0.0% |
| Brazil | N/A | N/A | 292 | N/A | 0% |
| Others | N/A | 12.2 | N/A | N/A | 0% |
| Total | 2,098 | 716 | 333 | 545 | -36.2% |
Top Export Markets for Tractor from Bolivia in 2022:
- Chile (7.0 units)
- Ecuador (1.0 units)
- Peru (1.0 units)
This report provides an in-depth analysis of the tractor market in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28301000 - Pedestrian-controlled tractors
- Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
- Prodcom 28925000 - (Crawler tractors) Track-laying tractors
- Prodcom 29104300 - Road tractors for semi-trailers
Country coverage:
- Bolivia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bolivia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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